Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 113500
per

Your estimated
City
free-cash

Madrid , Spain
₽40967
₽33285
₽26593
₽23544
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
113 500
accident
-
-
-
843
income
-
-
-
23 381
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
51 442
Employee
48 736
-
86 062
-
other
48
-
86
-
income
10 179
-
21 589
-
pensions
2 290
-
4 044
-
unemployment
755
-
1 335
-
total
13 272
-
27 054
-
Employer
48 736
-
86 062
-
accident
965
-
1 704
-
other
391
-
689
-
unemployment
2 681
-
4 734
-
pensions
11 501
-
20 310
-
total
15 538
-
27 437
-
Corporate
49 226
113 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 384
17 024
-
-
total
7 384
17 024
-
-
Dividends
41 842
96 476
-
-
withholding
8 556
20 044
-
-
total
8 556
20 044
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 750
37 068
54 491
51 442
After tax
68 750
76 432
59 009
62 058
Living cost
35 465
35 465
35 465
35 465
Free-cash
33 285
40 967
23 544
26 593

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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